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Page: Company Financials

NMI Holdings, Inc.

Ticker: NMIH | Industry: Insurance - Specialty | Sector: Financial Services
$37.74 -0.70 (-1.82%)
As of: 2026-01-23

Master Data Export

Enterprise Value

Metric MRQ MRQ-1 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Stock Price 38.34 42.19 38.86 35.93 26.23 19.64 22.65 17.04 28.72 18.35 13.06 7.20 7.47 10.00 13.68 14.00
Market Capitalization 2,967.90M 3,290.27M 3,028.25M 2,867.30M 2,159.24M 1,666.75M 1,938.55M 1,353.39M 1,941.63M 1,194.50M 781.49M 425.49M 435.77M 582.37M 765.85M 785.76M
(-) Cash & Equivalents 130.44M 84.01M 96.22M 96.88M 105.39M 91.00M 85.43M 232.68M 38.51M 40.10M 18.12M 53.10M 80.21M 79.49M 65.84M 121.46M
(+) Total Debt 416.55M 416.07M 416.08M 410.52M 397.01M 395.51M 394.12M 331.15M 146.13M 146.22M 143.96M 144.17M 35.98M 0.00M 0.00M 0.00M
Enterprise Value 3,254.01M 3,622.33M 3,348.10M 3,180.94M 2,450.86M 1,971.26M 2,247.23M 1,451.85M 2,049.25M 1,300.63M 907.33M 516.55M 391.54M 502.88M 700.01M 664.30M

Income Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31 2012-12-31 2011-12-31
Revenue 692M 636M 651M 579M 524M 486M 436M 370M 274M 179M 122M 56M 22M 6M 0M 0M
Cost of Revenue 54M 23M 32M 23M -3M 15M 62M 15M 6M 6M 2M 1M 0M 0M 0M 0M
Gross Profit 638M 613M 619M 556M 527M 471M 374M 355M 268M 173M 120M 55M 22M 6M 0M 0M
Gross Profit Margin 92.2% 96.3% 95.0% 96.0% 100.5% 96.9% 85.8% 96.0% 97.9% 96.7% 98.0% 98.8% 97.9% 100.0% 100.0% 0.0%
R&D Expenses 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M
SG&A Expenses 0M 0M 0M 0M 0M 0M 0M 2M 0M 1M 0M 0M 0M 0M 23M 1M
Operating Expenses 148M 155M 155M 143M 150M 174M 156M 139M 132M 120M 108M 83M 73M 61M 28M 1M
Operating Income (EBIT) 490M 458M 463M 413M 377M 297M 218M 217M 136M 53M 11M -28M -51M -55M -27M -1M
Operating Income Margin 70.7% 72.0% 71.2% 71.3% 71.9% 61.1% 50.0% 58.5% 49.7% 29.6% 9.4% -50.1% -231.0% -992.5% -9,679.9% 0.0%
Interest Income 3M 3M 5M 2M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M 0M
Interest Expense 28M 38M 37M 32M 32M 32M 24M 12M 15M 14M 15M 2M 0M 0M 2M 0M
Net Interest Income -26M -35M -32M -30M -32M -32M -24M -12M -15M -14M -15M -2M 0M 0M -2M 0M
Unusual Items 26M 35M 32M 30M 32M 32M 24M 12M 15M 14M 15M 2M 0M 0M 2M 0M
EBT Excluding Unusual Items 464M 423M 432M 383M 346M 265M 194M 205M 121M 39M -3M -30M -51M -55M -29M -1M
Pre-Tax Income 490M 458M 463M 413M 377M 297M 218M 217M 136M 53M 11M -28M -51M -55M -27M -1M
Pre-Tax Margin 70.7% 72.0% 71.2% 71.3% 71.9% 61.1% 50.0% 58.5% 49.7% 29.6% 9.4% -50.1% -231.0% -992.5% -9,679.9% 0.0%
Income Tax Expense 109M 100M 103M 91M 84M 66M 47M 45M 28M 31M -53M 0M -2M 0M 0M 0M
Net Income 381M 357M 360M 322M 293M 231M 172M 172M 108M 22M 64M -28M -49M -55M -27M -1M
Net Income Margin 55.0% 56.2% 55.3% 55.6% 55.8% 47.6% 39.3% 46.5% 39.4% 12.3% 52.5% -50.1% -220.2% -992.5% -9,679.9% 0.0%
Depreciation & Amortization 12M 12M 12M 12M 12M 11M 10M 9M 8M 7M 6M 5M 8M 8M 0M 0M
EBITDA 501M 470M 475M 424M 389M 308M 228M 226M 144M 59M 17M -23M -43M -47M -27M -1M
EBITDA Margin 72.4% 73.9% 73.0% 73.3% 74.2% 63.4% 52.3% 61.0% 52.5% 33.3% 14.0% -41.3% -194.6% -846.5% -9,678.9% 0.0%
NOPAT 381M 357M 360M 322M 293M 231M 172M 172M 108M 22M 64M -22M -41M -44M -22M -1M
NOPAT Margin 55.0% 56.2% 55.3% 55.6% 55.8% 47.6% 39.3% 46.5% 39.4% 12.3% 52.5% -39.6% -182.5% -784.1% -7,647.1% 0.0%
Owner's Earnings 386M 368M 365M 324M 294M 230M 169M 171M 108M 20M 58M -29M -49M -54M -30M -1M
Owner's Earnings Margin 55.7% 57.9% 56.1% 56.0% 56.1% 47.4% 38.8% 46.3% 39.4% 11.3% 47.7% -52.4% -220.8% -966.9% -10,540.3% 0.0%
EPS (Basic) 4.87 4.45 4.51 3.91 3.45 2.70 2.20 2.54 1.66 0.37 1.11 -0.47 -0.84 -0.99 -0.73 -0.02
EPS (Diluted) 4.78 4.37 4.43 3.84 3.41 2.66 2.16 2.47 1.60 0.35 1.05 -0.47 -0.84 -0.99 -0.73 -0.02
Shares (Basic) 78M 80M 80M 82M 85M 86M 78M 68M 65M 60M 59M 59M 58M 56M 38M 56M
Shares (Diluted) 80M 82M 81M 84M 86M 87M 79M 70M 68M 62M 61M 59M 58M 56M 38M 56M

Balance Sheet

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31 2012-12-31 2011-12-31
Cash & Cash Equivalents 130.44M 84.01M 54.22M 95.35M 42.25M 73.48M 121.38M 38.43M 23.88M 19.20M 47.75M 57.32M 103.02M 55.93M 485.86M 0.00M
Short-Term Investments 375.39M 377.06M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Cash & Short-Term Investments 505.83M 461.07M 54.22M 95.35M 42.25M 73.48M 121.38M 38.43M 23.88M 19.20M 47.75M 57.32M 103.02M 55.93M 485.86M 0.00M
Net Receivables 121.05M 116.35M 115.06M 103.97M 91.27M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Inventory 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Current Assets -626.88M -577.42M -115.06M -103.97M -91.27M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.18M
Total Current Assets 0.00M 0.00M 54.22M 95.35M 42.25M 73.48M 121.38M 38.43M 23.88M 19.20M 47.75M 57.32M 103.02M 55.93M 485.86M 0.18M
Property, Plant & Equipment 22.76M 23.79M 33.88M 39.35M 42.33M 34.65M 34.27M 32.50M 24.77M 22.80M 20.40M 15.20M 11.81M 8.88M 7.55M 0.00M
Goodwill 0.00M 0.00M 3.24M 3.24M 3.24M 3.24M 3.24M 3.24M 3.24M 3.24M 3.24M 3.24M 3.24M 0.00M 3.24M 0.00M
Intangible Assets 0.00M 0.00M 64.72M 63.30M 58.95M 59.97M 62.62M 60.36M 47.23M 38.32M 30.50M 17.92M 3.38M 3.72M 0.39M 0.00M
Long-Term Investments 3,015.56M 2,929.12M 2,723.54M 2,371.02M 2,099.39M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Tax Assets 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Assets -3,041.96M -2,956.54M 470.37M 368.24M 269.86M 2,279.24M 1,945.16M 1,230.29M 992.92M 811.29M 738.01M 568.77M 341.82M 412.69M -11.18M 0.21M
Other Assets 3,727.19M 3,591.09M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Non-Current Assets 3,723.56M 3,587.45M 3,295.76M 2,845.16M 2,473.78M 2,377.10M 2,045.28M 1,326.39M 1,068.16M 875.65M 792.15M 605.13M 360.24M 425.29M 0.00M 0.21M
Total Assets 3,723.56M 3,587.45M 3,349.97M 2,940.51M 2,516.03M 2,450.58M 2,166.67M 1,364.82M 1,092.04M 894.85M 839.90M 662.45M 463.27M 481.22M 485.86M 0.39M
Accounts Payable 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 1.35M
Short-Term Debt 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.21M
Tax Payables 0.00M 0.00M 322.18M 0.00M 154.41M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Revenue 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Current Liabilities 0.00M 0.00M -306.58M 2.50M -151.91M 2.50M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -1.56M
Total Current Liabilities 0.00M 0.00M 15.60M 2.50M 2.50M 2.50M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Long-Term Debt 416.55M 416.07M 415.15M 397.60M 396.05M 394.62M 393.30M 145.76M 146.76M 143.88M 144.35M 143.94M 0.00M 0.00M 0.00M 0.00M
Capital Lease Obligations 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Deferred Tax Liabilities 463.26M 441.39M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Non-Current Liabilities -879.81M -857.46M 701.80M 614.41M 503.75M 487.67M 403.77M 288.63M 243.79M 241.89M 220.04M 115.78M 36.31M 18.00M 0.00M 0.00M
Total Non-Current Liabilities 0.00M 0.00M 1,116.94M 1,012.00M 899.80M 882.30M 797.08M 434.40M 390.54M 385.77M 364.39M 259.72M 36.31M 18.00M 0.00M 0.00M
Total Liabilities 0.00M 0.00M 1,132.54M 1,014.50M 902.30M 884.80M 797.08M 434.40M 390.54M 385.77M 364.39M 259.72M 36.31M 18.00M 0.00M 0.00M
Preferred Stock 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Stock 0.88M 0.88M 0.88M 0.87M 0.87M 0.86M 0.85M 0.68M 0.66M 0.61M 0.59M 0.59M 0.58M 0.58M 0.56M 0.00M
Retained Earnings 1,877.97M 1,781.97M 1,583.26M 1,223.15M 901.04M 608.14M 377.01M 205.45M 33.49M -74.16M -96.72M -160.72M -132.93M -84.02M -28.84M -1.35M
Accumulated OCI -53.65M -72.76M -124.80M -139.92M -204.32M 1.49M 53.86M 17.29M -14.83M -2.86M -5.29M -7.47M -3.61M -7.05M 0.00M 0.00M
Minority Interest 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Total Shareholders’ Equity 1,825.20M 1,710.10M 1,459.33M 1,084.11M 697.59M 610.48M 431.72M 223.42M 19.32M -76.41M -101.42M -167.61M -135.95M -90.49M -28.29M -1.35M
Total Equity 1,825.20M 1,710.10M 1,459.33M 1,084.11M 697.59M 610.48M 431.72M 223.42M 19.32M -76.41M -101.42M -167.61M -135.95M -90.49M -28.29M -1.35M
Total Liabilities & Equity 1,825.20M 1,710.10M 2,591.88M 2,098.61M 1,599.89M 1,495.28M 1,228.79M 657.82M 409.86M 309.36M 262.97M 92.11M -99.65M -72.49M -28.29M -1.35M
Tangible Assets 3,723.56M 3,587.45M 3,282.01M 2,873.97M 2,453.83M 2,387.36M 2,100.81M 1,301.21M 1,041.57M 853.29M 806.15M 641.29M 456.65M 477.50M 482.22M 0.39M
Tangible Equity 1,825.20M 1,710.10M 1,391.37M 1,017.57M 635.39M 547.27M 365.86M 159.81M -31.16M -117.97M -135.16M -188.77M -142.57M -94.21M -31.92M -1.35M
Tangible Book Value 1,825.20M 1,710.10M 1,391.37M 1,017.57M 635.39M 547.27M 365.86M 159.81M -31.16M -117.97M -135.16M -188.77M -142.57M -94.21M -31.92M -1.35M
Total Investments 3,015.56M 2,929.12M 2,723.54M 2,371.02M 2,099.39M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Debt 286.11M 332.06M 360.93M 302.24M 353.80M 321.14M 271.92M 107.34M 122.88M 124.69M 96.61M 86.62M -103.02M -55.93M -485.86M 0.21M

Capital Metrics

Metric MRQ MRQ-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31 2012-12-31 2011-12-31
Working Capital 0.0M 0.0M 38.6M 92.9M 39.8M 71.0M 121.4M 38.4M 23.9M 19.2M 47.7M 57.3M 103.0M 55.9M 447.6M -1.6M
Total Capital 2,931.4M 2,836.2M 2,632.6M 2,323.6M 2,009.8M 1,960.4M 1,762.9M 1,076.2M 848.3M 653.0M 619.9M 546.7M 427.0M 463.2M 488.7M -1.1M
Capital Employed 3,727.2M 3,591.1M 3,334.4M 2,938.0M 2,513.5M 2,448.1M 2,166.7M 1,364.8M 1,092.0M 894.8M 839.9M 662.5M 463.3M 481.2M 504.5M -1.3M
Invested Capital 2,801.0M 2,752.2M 2,578.4M 2,228.2M 1,967.5M 1,886.9M 1,641.5M 1,037.8M 824.4M 633.8M 572.1M 489.4M 323.9M 407.3M 2.9M -1.1M

Cash Flow Statement

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31 2012-12-31
Net Income 380.88M 357.35M 360.11M 322.11M 292.90M 231.13M 171.57M 171.96M 107.93M 22.05M 65.84M -27.79M -48.91M -55.18M -27.49M
Depreciation & Amortization 10.45M 12.54M 10.86M 11.54M 11.87M 11.23M 9.93M 10.31M 7.81M 6.66M 5.66M 4.86M 8.08M 8.12M 0.00M
Deferred Income Tax 74.85M 88.83M 80.70M 90.59M 84.39M 65.51M 46.51M 0.00M 25.93M 31.10M -54.75M 0.00M -2.39M 0.00M 0.92M
Stock-Based Compensation 21.11M 18.68M 19.81M 16.91M 15.43M 16.68M 11.12M 13.03M 12.56M 9.48M 6.85M 8.17M 9.18M 10.37M 6.12M
Change in Working Capital -93.51M -98.37M -87.03M -100.95M -97.17M -6.13M 9.61M -23.73M -14.61M -8.51M 42.57M 58.71M 16.21M -0.95M 4.24M
Accounts Receivable -12.91M -4.63M -11.09M -12.70M -10.59M -13.29M -16.36M -10.08M -10.83M -11.45M -8.59M -4.10M -1.03M -0.02M 0.00M
Inventory 0.00M -5.11M 0.00M 0.00M 0.00M -16.91M -18.07M 0.00M -10.41M 4.10M 50.31M 0.00M 0.00M 0.00M 0.00M
Accounts Payable 0.00M 12.97M 0.00M 0.00M 0.00M 16.91M 18.07M 0.00M 6.06M -2.49M 3.30M 8.03M 0.23M 0.62M 0.00M
Other Working Capital -80.60M -101.60M -75.93M -88.25M -86.58M 7.16M 25.98M -13.65M 0.56M 1.33M -2.46M 54.78M 17.01M -1.56M 0.00M
Other Non-Cash Items -0.40M 8.87M 9.16M 2.48M 5.97M 7.30M 3.87M 36.58M 6.25M 6.97M 5.77M -2.49M -3.18M 1.34M 1.62M
Net Cash from Operating Activities 393.38M 387.90M 393.60M 342.68M 313.39M 325.72M 252.60M 208.15M 145.86M 67.76M 71.94M 41.46M -21.00M -36.31M -14.60M
Capital Expenditures (PPE) -6.53M -1.47M -6.91M -9.37M -10.57M -12.24M -12.16M -9.96M -8.06M -8.51M -11.47M -6.14M -8.22M -6.69M -2.45M
Acquisitions (Net) 0.00M 80.62M 0.00M 0.00M 0.00M 12.24M 12.16M 0.00M 8.06M 8.51M 11.47M 159.64M 103.22M 240.71M -2.50M
Purchases of Investments -700.92M -647.91M -651.69M -654.79M -547.51M -525.05M -1,108.16M 0.00M -614.25M -350.28M -313.64M -364.93M -60.46M -560.39M -4.86M
Sales / Maturities of Investments 422.51M 319.64M 319.31M 464.16M 268.30M 163.10M 490.76M 0.00M 401.66M 265.71M 245.31M 140.90M 136.76M 147.13M 0.00M
Other Investing Activities 0.00M -86.13M 0.00M 0.00M 0.00M -12.24M -12.16M -184.40M -8.06M -8.51M -11.47M -159.64M -103.22M -240.71M -7.36M
Net Cash from Investing Activities -284.94M -335.25M -339.29M -200.00M -289.79M -374.18M -629.55M -194.36M -220.65M -93.07M -79.79M -230.17M 68.08M -419.95M -9.81M
Net Debt Issuance -6.90M 6.84M 14.63M 0.00M 0.00M 0.00M 252.25M -1.50M 1.88M -1.50M -1.50M 148.13M 0.00M 0.00M -0.21M
Long-Term Debt Issuance -6.90M 6.84M 14.63M 0.00M 0.00M 0.00M 252.25M -1.50M 1.88M -1.50M -1.50M 148.13M 0.00M 0.00M -0.21M
Short-Term Debt Issuance 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Stock Issuance -100.44M -100.50M -97.61M -91.61M -56.58M 4.70M 228.56M -18.25M -9.72M 0.00M 0.53M 0.42M 1.10M 27.91M 510.81M
Common Stock Issuance 2.78M 0.00M 0.00M 0.00M 0.00M 4.70M 228.56M 0.00M 79.17M 7.10M 0.53M 0.42M 1.10M 27.91M 510.47M
Common Stock Repurchased -103.19M -100.50M -97.61M -91.61M -56.58M 0.00M 0.00M -18.25M 0.00M -8.58M 0.00M 0.00M 0.00M 0.00M 0.00M
Preferred Stock Issuance -0.03M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M -88.89M 0.00M 0.00M 0.00M 0.00M 0.00M 0.35M
Net Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Common Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Preferred Dividends Paid 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Other Financing Activities -3.98M -2.14M -13.71M 1.19M 0.75M -6.53M -18.00M 21.75M 88.73M -1.74M -0.76M -5.54M -1.08M -1.58M -0.35M
Net Cash from Financing Activities -111.32M -95.80M -96.70M -90.42M -55.83M -1.83M 462.80M 2.00M 80.89M -3.24M -1.72M 143.00M 0.01M 26.33M 510.26M
Effect of FX on Cash 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M 0.00M
Net Change in Cash -2.88M -43.14M -42.38M 52.26M -32.22M -50.29M 85.85M 15.80M 6.10M -28.55M -9.57M -45.70M 47.09M -429.93M 485.86M
Cash at Beginning of Period 345.85M 475.51M 96.69M 44.43M 76.65M 126.94M 41.09M 25.29M 19.20M 47.75M 57.32M 103.02M 55.93M 485.86M 0.00M
Cash at End of Period 342.97M 432.36M 54.31M 96.69M 44.43M 76.65M 126.94M 41.09M 25.29M 19.20M 47.75M 57.32M 103.02M 55.93M 485.86M
Operating Cash Flow 393.38M 387.90M 393.60M 342.68M 313.39M 325.72M 252.60M 208.15M 145.86M 67.76M 71.94M 41.46M -21.00M -36.31M -14.60M
Capital Expenditure -6.53M -1.47M -6.91M -9.37M -10.57M -12.24M -12.16M -9.96M -8.06M -8.51M -11.47M -6.14M -8.22M -6.69M -2.45M
Free Cash Flow 386.85M 386.43M 386.70M 333.31M 302.82M 313.48M 240.44M 198.19M 137.80M 59.25M 60.47M 35.33M -29.22M -43.00M -17.04M

Free Cash Flow

Metric TTM TTM-1 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31 2017-12-31 2016-12-31 2015-12-31 2014-12-31 2013-12-31 2012-12-31
EBITDA 649.44M 624.60M 630.64M 567.16M 538.83M 482.06M 384.03M 362.41M 275.45M 178.73M 125.18M 59.72M 29.83M 13.68M -22.60M
(-) Tax Adjustment 144.14M 136.96M 140.58M 124.50M 120.54M 106.56M 81.95M 74.77M 56.79M 62.55M 0.00M 0.00M 1.39M 0.00M 0.00M
(-) Change In Working Capital -93.51M -98.37M -87.03M -100.95M -97.17M -6.13M 9.61M -23.73M -14.61M -8.51M 42.57M 58.71M 16.21M -0.95M 4.24M
(-) Capital Expenditure -6.53M -1.47M -6.91M -9.37M -10.57M -12.24M -12.16M -9.96M -8.06M -8.51M -11.47M -6.14M -8.22M -6.69M -2.45M
Unlevered Free Cash Flow 592.27M 576.48M 570.18M 534.24M 504.89M 369.38M 280.31M 301.42M 225.20M 116.17M 71.14M -5.12M 4.01M 7.94M -29.28M
(-) Net Interest Income After Taxes -19.88M -27.29M -24.79M -23.35M -24.66M -24.77M -19.18M -9.59M -11.89M -8.79M -14.85M -2.06M 0.00M 0.00M -1.63M
Net Debt Issuance -6.90M 6.84M 14.63M 0.00M 0.00M 0.00M 252.25M -1.50M 1.88M -1.50M -1.50M 148.13M 0.00M 0.00M -0.21M
Levered Free Cash Flow 605.25M 610.62M 609.59M 557.58M 529.55M 394.15M 551.75M 309.51M 238.97M 123.46M 84.49M 145.07M 4.01M 7.94M -27.86M